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4418 Market Street

PHILADELPHIA, PA 19104
  • $400,000
  • STATUS: Active Under Contract
  • ON SITE: 125 Days
  • ID#: PAPH2332058
Under Contract
UPDATED: 89 min ago
$400,000
  • 0
    BEDS
  • 0.05
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,280
    SQFT
  • $313
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2005
County:

School Ratings & Info

Description

Welcome to your opportunity to own a prime slice of West Philadelphia real estate! This charming 2005 duplex is nestled in a coveted location, perfect for savvy investors or owner occupants looking to offset mortgage costs. With two separate UPDATED units, a 1 bedroom (great for an owner) and a 2 bedroom, this duplex offers versatility and income potential. Each unit features hard wood floors, newer appliance, ample sunlight and easy access to center city or the suburbs. The layout is designed for both comfort and functionality, providing an inviting space for residents. The property's prime location ensures easy access to an array of amenities, including shops, restaurants, parks, and public transportation options. Whether you're strolling through the vibrant streets of West Philly or commuting to downtown, convenience is at your doorstep. Investors will appreciate the opportunity for rental income in this highly sought-after area, while owner occupants can enjoy the benefits of living in one unit while renting out the other to help cover expenses. Rents for 1 bedrooms in the area easily clear $1300 and for 2 bedrooms $1800+ which puts the estimated cap rate at an attractive 7.5%+ There is also a MASSIVE apartment complex expected to be build on the corner a few doors down, which is sure to increase rents/rentability of the units. Don't miss out on this chance to own a piece of West Philadelphia's thriving real estate market. Schedule a viewing today and seize the opportunity to make this duplex your own!

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-07-19T18:58:50.67.
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4418 Market Street PHILADELPHIA, PA 19104

  • Price: $400,000
  • Status: Active Under Contract
  • On Site: 125 Days
  • Updated: 89 min ago
  • ID#: PAPH2332058
0
Beds
0
Baths
0
½ Baths
0.05
Acres
1,280
SQFT
$313
$/SQFT
2005
Built
Neighborhood:
19104 (19104)
County:
Philadelphia
Area:
19104 (19104)
School District:
The School District Of Philadelphia
Property Description
Welcome to your opportunity to own a prime slice of West Philadelphia real estate! This charming 2005 duplex is nestled in a coveted location, perfect for savvy investors or owner occupants looking to offset mortgage costs. With two separate UPDATED units, a 1 bedroom (great for an owner) and a 2 bedroom, this duplex offers versatility and income potential. Each unit features hard wood floors, newer appliance, ample sunlight and easy access to center city or the suburbs. The layout is designed for both comfort and functionality, providing an inviting space for residents. The property's prime location ensures easy access to an array of amenities, including shops, restaurants, parks, and public transportation options. Whether you're strolling through the vibrant streets of West Philly or commuting to downtown, convenience is at your doorstep. Investors will appreciate the opportunity for rental income in this highly sought-after area, while owner occupants can enjoy the benefits of living in one unit while renting out the other to help cover expenses. Rents for 1 bedrooms in the area easily clear $1300 and for 2 bedrooms $1800+ which puts the estimated cap rate at an attractive 7.5%+ There is also a MASSIVE apartment complex expected to be build on the corner a few doors down, which is sure to increase rents/rentability of the units. Don't miss out on this chance to own a piece of West Philadelphia's thriving real estate market. Schedule a viewing today and seize the opportunity to make this duplex your own!
Exterior Features

Architectural Style AirLite Construction Materials Masonry Garage YN No Parking Types Off Street Pool No Pool Property Condition ExcellentVery GoodGoodAverage Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 1280 Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Ceiling Fan(s) Flooring Hardwood Heating Hot Water Heating YN Yes Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 1 Units Furnished None

Property Features

Acceptable Financing CashConventionalOtherFHA Accessibility Features None Central Air YN No Cooling Fuel Electric Cross Street S. 45th St Existing Lease Type None Heating Fuel Natural Gas Hot Water Other Municipality PHILADELPHIA Navigable Water YN N New Construction YN No Number Of Units Leased 0 Number Of Units Total 2 Number Of Units Vacant 2 Original MLSNumber 802925057404 Ownership Interest Fee Simple Property Sub Type Duplex Rent Control YN No Sale Type Standard Sewer Public Sewer Structure Design Type Other Tax Annual Amount 1731.00 Tax Lot 125 Vacation Rental YN No Water Source Public Zoning CMX2

Listing courtesy of KW Empower: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-07-19T18:58:50.67.
 
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Exton PA, 19341